In the realm of primary production and farming, the ability to make swift decisions is a crucial skill. The ever-changing nature of agricultural landscapes demands quick thinking and adaptability. However, the pressure to make timely choices can often be accompanied by feelings of guilt or uncertainty.
Adding to your super through voluntary contributions can help grow your retirement savings, however, if you add too much in a single financial year, you may be penalised. That's why it's important to know the various caps on how much you can contribute, and what's counted towards those limits. Remember to talk to an accountant to find out about your tax implications.
Here's what we know so far about the Federal Budget 2023-24:
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